Beautiful sunrises, sunsets, walks on the beach and a slower pace are all aspects of living on the Outer Banks that are appealing to a wide variety of people and life circumstances. Whether buying a condo as a summer home or living there year-round, residents will find much to love about this area and will soon fit in to the Outer Banks lifestyle. Realtors who specialize in this market can help you find the perfect vacation or permanent home. In fact, 98% of people say that their agent provided useful information in their search for a home. Buying vacation beachfront property requires a bit more expertise, and in 2014 88% of buyers were ushered through the home buying experience by an agent or broker.
Why buy a condo?
The Outer Banks features many outstanding opportunities to buy a condo. From oceanfront to waterfront, there are condos for every price range. Some condominium developments offer community amenities like pool,s outdoor picnic areas, tennis courts, clubhouses, and more. But by far the greatest advantage of owning a condominium is that it frees you from a great deal of the yearly maintenance associated with beach homes. Your vacation spot should be restful and relaxing and not a source of anxiety. Additionally, a condo in a prime location can mean extra cash for renting it during peak summer season. In fact, many Outer Banks home or condo owners were renters first and decided they wanted to spend more time in this beautiful area or live permanently.
Now is a great time to invest
And there is no better time to buy than now. The economy is growing and home prices and mortgage rates are still low. Baby Boomers who are five to 10 years away from retirement are buying now and many say they are planning to move in full time when they retire.
So whether planning to buy as a vacation home or to move in permanently, the Outer Banks offers a lifestyle coveted by many. Boating, golf, fishing, unique dining, beautiful scenery, sunrises and sunsets and ocean views are but a few of life’s treats that await vacationers and year-round residents.